Nisa Investment Advisors LLC Increases Stock Holdings in LyondellBasell Industries N.V. $LYB

Nisa Investment Advisors LLC grew its stake in shares of LyondellBasell Industries N.V. (NYSE:LYB) by 104.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,776 shares of the specialty chemicals company’s stock after purchasing an additional 19,306 shares during the quarter. Nisa Investment Advisors LLC’s holdings in LyondellBasell Industries were worth $1,853,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of LYB. Woodline Partners LP lifted its position in LyondellBasell Industries by 40.4% in the first quarter. Woodline Partners LP now owns 21,899 shares of the specialty chemicals company’s stock valued at $1,542,000 after acquiring an additional 6,297 shares during the last quarter. Focus Partners Wealth increased its position in shares of LyondellBasell Industries by 35.4% during the first quarter. Focus Partners Wealth now owns 6,866 shares of the specialty chemicals company’s stock worth $483,000 after purchasing an additional 1,796 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of LyondellBasell Industries by 10.2% in the 2nd quarter. Parallel Advisors LLC now owns 6,509 shares of the specialty chemicals company’s stock valued at $377,000 after purchasing an additional 601 shares during the last quarter. NBC Securities Inc. boosted its position in shares of LyondellBasell Industries by 5.0% in the 2nd quarter. NBC Securities Inc. now owns 18,570 shares of the specialty chemicals company’s stock valued at $1,074,000 after purchasing an additional 890 shares during the period. Finally, MassMutual Private Wealth & Trust FSB grew its stake in LyondellBasell Industries by 90.4% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 2,230 shares of the specialty chemicals company’s stock worth $129,000 after buying an additional 1,059 shares during the last quarter. Institutional investors and hedge funds own 71.20% of the company’s stock.

LyondellBasell Industries Price Performance

Shares of NYSE:LYB opened at $48.63 on Wednesday. LyondellBasell Industries N.V. has a 52 week low of $41.58 and a 52 week high of $79.39. The company has a 50-day moving average price of $44.68 and a 200 day moving average price of $50.67. The company has a market cap of $15.65 billion, a P/E ratio of -12.97 and a beta of 0.70. The company has a quick ratio of 0.93, a current ratio of 1.57 and a debt-to-equity ratio of 1.00.

LyondellBasell Industries (NYSE:LYB) last issued its earnings results on Friday, October 31st. The specialty chemicals company reported $1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.21. LyondellBasell Industries had a positive return on equity of 7.50% and a negative net margin of 3.70%.The business had revenue of $7.73 billion during the quarter, compared to the consensus estimate of $7.41 billion. During the same period in the prior year, the business posted $1.88 EPS. The company’s revenue for the quarter was down 10.2% on a year-over-year basis. Research analysts predict that LyondellBasell Industries N.V. will post 6.31 earnings per share for the current year.

LyondellBasell Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 8th. Shareholders of record on Monday, December 1st were given a dividend of $1.37 per share. This represents a $5.48 annualized dividend and a dividend yield of 11.3%. The ex-dividend date was Monday, December 1st. LyondellBasell Industries’s payout ratio is presently -146.13%.

Analyst Ratings Changes

Several research firms have recently weighed in on LYB. Vertical Research downgraded LyondellBasell Industries from a “buy” rating to a “hold” rating and set a $48.00 price objective for the company. in a report on Wednesday, January 7th. Weiss Ratings reiterated a “sell (d+)” rating on shares of LyondellBasell Industries in a research note on Wednesday, October 8th. Bank of America lowered their price objective on shares of LyondellBasell Industries from $55.00 to $50.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 14th. JPMorgan Chase & Co. reduced their target price on shares of LyondellBasell Industries from $52.00 to $50.00 and set a “neutral” rating for the company in a report on Monday, November 3rd. Finally, Alembic Global Advisors raised LyondellBasell Industries to a “hold” rating in a report on Monday, October 20th. Two research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $53.33.

Insider Buying and Selling at LyondellBasell Industries

In related news, EVP Kimberly A. Foley bought 5,661 shares of the stock in a transaction on Wednesday, November 12th. The shares were bought at an average cost of $43.56 per share, for a total transaction of $246,593.16. Following the completion of the transaction, the executive vice president owned 67,688 shares of the company’s stock, valued at $2,948,489.28. This represents a 9.13% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.14% of the stock is currently owned by company insiders.

About LyondellBasell Industries

LyondellBasell Industries N.V. (NYSE: LYB) is a global chemical company headquartered in Houston, Texas, that specializes in the production of polyolefins and advanced polymers. Through its extensive portfolio, the company supplies raw materials for a wide range of end markets, including packaging, automotive, construction, electronics and consumer goods. By combining proprietary process technologies with expertise in catalysts, LyondellBasell aims to deliver value-added solutions that enhance product performance and sustainability.

The company’s integrated operations encompass the manufacture of olefins and polyolefins, advanced polymer products, chemical intermediates and refining activities.